Statutes, codes, and regulations
South Dakota Codified Laws
Title 55 - FIDUCIARIES AND TRUSTS
Chapter 9 - CHARITABLE TRUSTS
Section 55-9-1 - Express trusts-Creation for charitable, educational, religious, or other public use

S.D. Codified Laws § 55-9-1

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Current through the 2024 Legislative Session
Section 55-9-1 - Express trusts-Creation for charitable, educational, religious, or other public use

Express trusts of real or personal property, or both, may be created to receive by grant, devise, gift, or bequest, and to take charge of, invest and administer in accordance with the terms of the trust, upon and for any charitable, benevolent, educational, religious or other public use or trust.

SDCL 55-9-1

SL 1955, ch 429, § 1; SDC Supp 1960, § 59.0601.